THE New People’s Army (NPA) rakes in P1 billion a year from extortion activities in Mindanao alone, Defense Secretary Delfin Lorenzana claimed on Sunday.

“Their (NPA) local funding here is through extortion. It is still extortion, plain and simple. In Mindanao alone, we found that they are extorting from mining companies, plantations, bus companies and [other] businesses that would amount to P1 billion a year,” he said in an interview over DZBB radio.

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